Multiple Choice
If a check correctly written and paid by the bank for $428 is incorrectly recorded on the company's books for $482, the appropriate treatment on the bank reconciliation would be to
A) add $54 to the bank's balance.
B) add $54 to the book's balance.
C) deduct $54 from the bank's balance.
D) deduct $428 from the book's balance.
Correct Answer:
Verified
Correct Answer:
Verified
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